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RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weaker investment bank income and slightly higher expenses. The broker kept an outperform rating but cut its target price to 525 pence from 550 pence.
RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays citing weaker investment bank income and slightly higher expenses. RBC kept an outperform rating but reduced its target price to 525 pence from 550 pence.
RBC Capital Markets lowered its 2027 adjusted pretax profit forecast for Barclays, citing weaker investment bank income and slightly higher expenses, while guiding return on tangible equity to rise from 12.2% in 2026 to 14.1% in 2027.